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The trend measure of housing starts was little changed last month, CMHC reported

A designer who worked on the iconic CN Tower says the structure could be demolished and replaced with a taller building due to the surging cost of land in Toronto.

Writing in the Toronto Star, Patrick Quinn said that the tower is a landmark and a revenue generator but that in today’s market something akin to Dubai’s 150-storey Burj Khalifa could eventually be built on the lot.

Current owners of the CN Tower, Canada Lands Company Ltd. says it has no plans to rip the landmark down. "There are no considerations of any type to sell or redevelop Canada’s National Tower," a spokesperson told HuffPost Canada. "In fact we continue to consider ways of enhancing the precinct as evidenced by the recent opening of the Ripley’s Aquarium of Canada on our land."

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